Bob they had millions of our/their money invested in a stop gap business? In all cases that I am familiar with the wifi build out failed because of cost. In the other cases there was an extensive marketing effort and many signed up, but the could not charge enough to cover the costs. Based upon the announcements of GlobeTel there solution was les expensive. Let's get straight here there was a great deal of money invested in this project, and we have like zip information on how it came down.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.